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Mar 22, 2013
03/13
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so are taxes. and small business costs are reducing profits by as much as 65% according to one small business owner we will talk to tonight. and the virtues of a free market capitalism that we talk about every night on this show are now forbidden fruit at stanford university. a popular long running pro capitalist course at that school has now been cancelled. what is up with that? "the kudlow report" begins right now. >>> first up, a major vote in the cyprus parliament helping to get that country closer to a teal with the european union. michelle caruso-cabrera joins us from cyprus again this evening with the very latest. good evening, michelle. >> reporter: larry, lawmakers here in cyprus taking a huge step tonight to prevent the financial collapse of their country. they pass ad law that will allow for the restructuring of their banks. this essentially means their sickest and largest banks will be down sized and made more healthy. this was a key demand by the european partners in order to secure a
so are taxes. and small business costs are reducing profits by as much as 65% according to one small business owner we will talk to tonight. and the virtues of a free market capitalism that we talk about every night on this show are now forbidden fruit at stanford university. a popular long running pro capitalist course at that school has now been cancelled. what is up with that? "the kudlow report" begins right now. >>> first up, a major vote in the cyprus parliament helping...
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673
Mar 19, 2013
03/13
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or no tax. so they may have avoided imposing that 10% tax, but it certainly doesn't shore up any confidence in keeping your money in banks there. bill? >> all right. bertha, thank you very much. >> that's what it's all about. >> that is the key, right there. let's talk about it in today's "closing bell" exchange. steven hammers out there in the ether somewhere. it's randy batsman here next to me and our own rick santelli. rick, we're all getting a civics lesson on cyprus, that little tiny island in the eastern mediterranean. should in this matter with you putting a portfolio together here in the united states? >> oh, absolutely. have you noticed that the european central figures are a bit like the lemmings. every few quarters, they decide to take their launch off the cliff. and this time, i can't imagine who thought this was a good idea. i mean, if you look at cyprus' economy, there are two major factors to that economy. tourism and financial services. you could kill the financial services immed
or no tax. so they may have avoided imposing that 10% tax, but it certainly doesn't shore up any confidence in keeping your money in banks there. bill? >> all right. bertha, thank you very much. >> that's what it's all about. >> that is the key, right there. let's talk about it in today's "closing bell" exchange. steven hammers out there in the ether somewhere. it's randy batsman here next to me and our own rick santelli. rick, we're all getting a civics lesson on...
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Mar 25, 2013
03/13
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they're paying payroll taxes already? >> of course they should pay their fair share of taxes. are they benefitting from things going on in our society? i think we do them a tremendous disservice when we say, there, there, little thing. we're going to take care of you. you can't do anything. >> it was ronald reagan and jack kemp who supported the idea of the earned income tax credit so people who were poor wouldn't have to pay their money to the tax man so they could use their wealth and use their resources to build their income and become part of the middle class. are you saying you don't support that concept? >> i think you make the system much more complex when you start exempting this group and that group. the fact of the matter is, if we have a fair taxation system, the economy is going to explode. you're going to have plenty of money. if you want to do something for those people in terms of money that you want to give to them or some program you want to make available to them, i'm all for that. but once we start tinkering with the system and saying, let's change it here a
they're paying payroll taxes already? >> of course they should pay their fair share of taxes. are they benefitting from things going on in our society? i think we do them a tremendous disservice when we say, there, there, little thing. we're going to take care of you. you can't do anything. >> it was ronald reagan and jack kemp who supported the idea of the earned income tax credit so people who were poor wouldn't have to pay their money to the tax man so they could use their wealth...
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Mar 19, 2013
03/13
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as part of that, you have to have tax reform and significant tax reform. and actually, simpson/bowles, a commission i served on, laid out a way to do it, got the tax rates down on the personal side to 9, 15 and 23% and the corporate to 26%. and you need to bring the corporate rate down to 24, 25, 26% and need to go to a territorial system. but you can't do that independent of the individual system, because if you have a huge gap between the top individual rate, say today it's at 42.5%, and if you took the corporate 25%, everybody started -- >> because then you have small business. small business got screwed at the expense of big businesses in the last tax bill. so you're right. so i -- look, i say, you're going to have big problems if you try to have a big personal and corporate together. i don't think it's possible. i don't know why you just can't do this. reform the corporate tax code. you can put limits on the deductions or -- i don't care. the president wants to do it. the republicans want to do it. just do it. but one exception. let small businessmen
as part of that, you have to have tax reform and significant tax reform. and actually, simpson/bowles, a commission i served on, laid out a way to do it, got the tax rates down on the personal side to 9, 15 and 23% and the corporate to 26%. and you need to bring the corporate rate down to 24, 25, 26% and need to go to a territorial system. but you can't do that independent of the individual system, because if you have a huge gap between the top individual rate, say today it's at 42.5%, and if...
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Mar 20, 2013
03/13
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in fact, you heard about plan a which was to tax deposits. now we have heard that plan b has been rejected by the troika as well. cyprus government said to the troika, their european partners who they want them to lend money to, they said to them, listen, instead of taxing deposits why don't we do this instead. we have a pension fund, we'll raid it, take the cash, turn it into bond and we'll pay it back over time. the troika said that doesn't do anything for you. you still have liabilities. then they said we're also going it try to sell one of the bad banks. and the fact of the matter is if the bad bank were sellable, people like chris flowers and wilbur ross and tim collins would have been here a long time trying to buy it. they said maybe we'll split it up, divide it into the good bank and bad bank. we'll sell the good bank to the russians and the troika said selling the good bank is the easy part. what are you going to do with the bad bank? none of that is going to work. you will hear more about what the hopes are for russia from steve in
in fact, you heard about plan a which was to tax deposits. now we have heard that plan b has been rejected by the troika as well. cyprus government said to the troika, their european partners who they want them to lend money to, they said to them, listen, instead of taxing deposits why don't we do this instead. we have a pension fund, we'll raid it, take the cash, turn it into bond and we'll pay it back over time. the troika said that doesn't do anything for you. you still have liabilities....
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Mar 25, 2013
03/13
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FOXNEWSW
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john: but they pay taxes and don't collect welfare. >> the cost of illegal immigration last year was $113 billion in spee areas of health care, education and incarceration. john: you don't include the cost of paying taxes and starting google. >> here we are with libertarians the focal point* is limited government chaldean rejected thinking and be careful what you ask for the new push for an -- amnesty because the overwhelming majority is %-dependent. government john: how many are not from the united states? how many would like to be citizens sunday? just a couple. >> we all succeed when they succeed. do we want a skilled immigration yes we need less but it should be skilled. john: that is just half of a @%rcent. >> the city of dallas year after year with. if you have more enforcement which is nonexistent. >> they allow me to go to work every single day. john: on that note we are john: on that note we are out of time let's see what you got. rv -- covered. why would you pay for a hotel? i never do. motorcycles -- check. atv. i ride those. do you? no. boat. house. hello, dear. hello. he
john: but they pay taxes and don't collect welfare. >> the cost of illegal immigration last year was $113 billion in spee areas of health care, education and incarceration. john: you don't include the cost of paying taxes and starting google. >> here we are with libertarians the focal point* is limited government chaldean rejected thinking and be careful what you ask for the new push for an -- amnesty because the overwhelming majority is %-dependent. government john: how many are...
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Mar 26, 2013
03/13
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their customer gets disproportionately hit by the fiscal contraction, the payroll tax increase which they talked about in their earnings release. one thing they've done is poked the sleeping bear, walmart. when you have competition like that in this particular area, you're not going to have the revenue growth going forward. >> mid single digits, footage growth, relative to its peers that's going to be better than expected and i think the expectations still are very low for growth. again, mid single digit comp in a very challenges environment is pretty respectable in my view. >> one, buying something in a challenging environment, i think there's probably better names out there. i don't like the peers, either. that argument for me doesn't work, and, you know, the assumption that they're going to have this where footage growth, that that's actually going to generate more revenues could be invalidated -- >> you made the case earlier, right, the economy is not as well off as people think, so wouldn't the dollar stores benefit? >> and particularly dollar general because they have, as a per
their customer gets disproportionately hit by the fiscal contraction, the payroll tax increase which they talked about in their earnings release. one thing they've done is poked the sleeping bear, walmart. when you have competition like that in this particular area, you're not going to have the revenue growth going forward. >> mid single digits, footage growth, relative to its peers that's going to be better than expected and i think the expectations still are very low for growth. again,...
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Mar 20, 2013
03/13
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we are concerned a variety of factors like concerns about the tax the banks may have, uncertainties about regulations which we are working on to get done as quickly as possible may have tightened the mortgage credit box more than would be desirable in the long run help the eeonomy. that has effect on my trade policy, one of the more powerful tools we have is in a state of home buying and related indust industry, so that is an issue we take into account. i would say one thing, as the housing industry has strengthened, home prices have gone up, that has brought some people into the credit box in the sense the number of people who are underwater in their mortgages is declining as house prices go up. so if people have bigger down payment, bigger equity in their homes, they become more creditworthy. i don't want to overstate it, but monetary policy by strengthening the housing market, helping support house prices is bringing more people into the mortgage market. >> peter barnes of fox business, sir. the stock market has been hitting all-time highs, it has recovered all of its losses from the f
we are concerned a variety of factors like concerns about the tax the banks may have, uncertainties about regulations which we are working on to get done as quickly as possible may have tightened the mortgage credit box more than would be desirable in the long run help the eeonomy. that has effect on my trade policy, one of the more powerful tools we have is in a state of home buying and related indust industry, so that is an issue we take into account. i would say one thing, as the housing...
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Mar 24, 2013
03/13
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FBC
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john: but they pay taxes and don't collect welfare. >> the cost of illegal immigration last year was $113 billion in spee areas of health care, education and incarceration. john: you don't include the cost of paying taxes and starting google. >> here we are with libertarians the focal point* is limited government chaldean rejected thinking and be careful what you ask for the new push for an -- amnesty because the overwhelming majority is %-dependent. government john: how many are not from the united states? how many would like to be citizens sunday? just a couple. >> we all succeed when they succeed. do we want a skilled immigration yes we need less but it should be skilled. john: that is just half of a @%rcent. >> the city of dallas year after year with. if you have more enforcement which is nonexistent. >> they allow me to go to work every single day. john: on that note we are john: on that note we are out of time are you flo? yes. is this the thing you gave my husband? well, yeah, yes. the "name your price" tool. you tell us the price you want to pay, and we give you a range of op
john: but they pay taxes and don't collect welfare. >> the cost of illegal immigration last year was $113 billion in spee areas of health care, education and incarceration. john: you don't include the cost of paying taxes and starting google. >> here we are with libertarians the focal point* is limited government chaldean rejected thinking and be careful what you ask for the new push for an -- amnesty because the overwhelming majority is %-dependent. government john: how many are...
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Mar 24, 2013
03/13
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FBC
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there is a payroll tax of .9%, investment tax of 3.8%, excise tax of 2.3%, 159 rules to spell out how that tax applies. can you imagine how this is going to northbound this is a nightmare. this is so the federal government can hire millions of people to make this legislation possible. it's idiotic. they should break it and start all over. >> 2200 pages turned into 20,000 so far. i remember when president clinton saiddy not have sex with that woman. president obama setd this will not add a single dime to the deficit. >> look, it's going to bring down health care costs. it's amazing people hate so much something that has barely taken effect. most hasn't gone into effect. the american people when asked about the specific provisions in the affordable care act like it. they like tax credits for small businesses to pay for insurance, they like cling the medicare donut hole, they like kids staying on insurance. 80% of people like those and less than 50% know they are in the bill. so stop smearing the bill to tell people wh's really in it. >> talk about why this didn't kick in. we had to wait
there is a payroll tax of .9%, investment tax of 3.8%, excise tax of 2.3%, 159 rules to spell out how that tax applies. can you imagine how this is going to northbound this is a nightmare. this is so the federal government can hire millions of people to make this legislation possible. it's idiotic. they should break it and start all over. >> 2200 pages turned into 20,000 so far. i remember when president clinton saiddy not have sex with that woman. president obama setd this will not add a...
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Mar 22, 2013
03/13
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FBC
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the law undream line of what was supposed to be a tax piece. it restores my of the cruel automatic spending cuts. all is missing is a line like thank god for the democrats. then it was also considered a cheese head. it starts out fair and factual enough under the rhine plan, the government subsidizes it. the only famous unnamed critics who say all of this would mean ever shocking. he is heartless and soulless and probably the double in pinstripes. it is one thing when they say it was all but a sham. it is another thing for them to prove that it is an even bigger sham. they are darn near inbred watching politicians who continue to say that we don't have a spending problem. and one that is only trying slow down the growth of the spending. fair and balanced. try over and out. dick armey says that he is over the top of the house of representatives. i am not saying give republicans a pass. i am saying to treat them equally and with the same ferocity. and i do not. >> thing that is most frightening about what you just read is that this has become the
the law undream line of what was supposed to be a tax piece. it restores my of the cruel automatic spending cuts. all is missing is a line like thank god for the democrats. then it was also considered a cheese head. it starts out fair and factual enough under the rhine plan, the government subsidizes it. the only famous unnamed critics who say all of this would mean ever shocking. he is heartless and soulless and probably the double in pinstripes. it is one thing when they say it was all but a...
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Mar 18, 2013
03/13
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FBC
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40% of all individuals tax returns. it is a hugely popular deduction for money i mayans of homeownery year. it could be changing in a big way which might have a big impact on the housing industry. he was more details on what you need to know is former fannie mae executive vice president institute fellow. welcome to the show. this is having a huge impact on housing industry, wouldn't it? >> of it were done right, and wouldn't have a huge impact, to be a beneficial. this deduction is outlived usefulness. literally 100 years, so the value of it has declined and declined and declined year-over-year. use the money that you saved to reduce marginal impact bracket which would be positive. melissa: the devil is in that last detail you mentioned, what we really use eliminating it to lower marginal rates or would it be another thing that is sucked out to pay higher taxes. let's talk about how their talk about doing it in with the best way to do it would be, it wouldn't be so destructive to the market. the deduction is up $2 milli
40% of all individuals tax returns. it is a hugely popular deduction for money i mayans of homeownery year. it could be changing in a big way which might have a big impact on the housing industry. he was more details on what you need to know is former fannie mae executive vice president institute fellow. welcome to the show. this is having a huge impact on housing industry, wouldn't it? >> of it were done right, and wouldn't have a huge impact, to be a beneficial. this deduction is...
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Mar 24, 2013
03/13
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FBC
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pump up your tax refunds with these funds. the names you need right now. [ male announcer ] you are a business pro. governor of getting it done. you know how to dance... with a deadline. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. this is awesome. [ male announcer ] yes, it is, business pro. yes, it is. go national. go like a pro. yes, it is. but maybe the problem isn'isn't your lawn. introducing the all-whl-drive mower from husqvarna. we engineered its unique drive system and dual transmission to handle hills& thick grass& and tough terrain& without losing traction or power the all-wheel-drive mower from husqvarna. challenge the impossible. find the all- wheel-drive mower exclusively available at lowe's and independent dealers nationwide.
pump up your tax refunds with these funds. the names you need right now. [ male announcer ] you are a business pro. governor of getting it done. you know how to dance... with a deadline. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. this is awesome. [ male announcer ] yes, it is, business pro. yes, it is. go national. go like a pro. yes, it is. but maybe the problem...
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Mar 23, 2013
03/13
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FBC
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they talked about a 6 or 7%, 10% tax in cypress. i think inflation is going to take much morethan 10% of the purchasing power out of bank accounts all around the world, not just in europe, but here in the united states. i think that's why a lot of savers are pulling their money out of banks, buying stocks, buying real estate. they are buying precious metals because more people reize that if they hold on to the currency and leave it in the bank, it is going to lose a lot of value. shibani: right. talk about the united states and what we did not see tody, peter, was a market reaction to this because there's a belief, well, on the one hand, things are going to get resolvedded in cypress. on the other hand, ware the best of the worst markets that are out there. you know, at what point cou that turn on us because that -- that scenario can't survive forever. >> well, we're to the close to being the best of the worst. i think weir -- we might be the worst of the worst. it's just that a lot of people have not figured that out yet. we still
they talked about a 6 or 7%, 10% tax in cypress. i think inflation is going to take much morethan 10% of the purchasing power out of bank accounts all around the world, not just in europe, but here in the united states. i think that's why a lot of savers are pulling their money out of banks, buying stocks, buying real estate. they are buying precious metals because more people reize that if they hold on to the currency and leave it in the bank, it is going to lose a lot of value. shibani:...
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Mar 22, 2013
03/13
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they are raising tax rates and shrinking tax bases. if the government is picking winners and losers, jimmy fallon in hollywood are winners in this case. >> okay. josh, thank you for coming on the show. >> thank you. melissa: next, chicago will shut down dozens of schools to pose a 1 million-dollar deficit. we will explain coming up next. and this season ticket holder on the other side of the legal brawl is here. piles of money coming up all stations come over to mission a for a final go. this is for real this time. step seven point two one two. rify and lock. command is locked. five seconds. three, two, one. standing by for capture. the most innovative software on the planet... dragon is captured. is connecting today's leadin companies to plas beyond it. siemens. answers. you know it can be hard to lbreathe, and how thafeels. me, copd includes chronic bronchitis and emphysema. spiriva helps control my copd symptoms by keeping my airways open for 24 hours. plus, it reduces copd flare-ups. spiriva is the only once-daily inhaled copd main
they are raising tax rates and shrinking tax bases. if the government is picking winners and losers, jimmy fallon in hollywood are winners in this case. >> okay. josh, thank you for coming on the show. >> thank you. melissa: next, chicago will shut down dozens of schools to pose a 1 million-dollar deficit. we will explain coming up next. and this season ticket holder on the other side of the legal brawl is here. piles of money coming up all stations come over to mission a for a...
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Mar 25, 2013
03/13
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FBC
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eye 67
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w cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. ♪ sandra: great music for this segment. incredible story if you have not heard it. florida gulf coast university. you may have heard of them, maybe not, probably not most of us until last night in what some call the biggest cinderella story in ncaa history. florida gulf coast was the first number 15 seed to reach the sweet 16. odds of winning the ncaa championship are roughly one in about 80 # ,000, well, they definitely got everyone's attention now. how can the university capitalize on a cinderella reputation? joining me now is the marketing guru and executive creative director, bruce. turkell? >> yes, thanks. sandra: guide us along here. nobody knew anything about the university un
w cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. ♪ sandra: great music for this segment. incredible story if you have not heard it. florida gulf coast university. you may have heard of them, maybe not, probably not...
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Mar 22, 2013
03/13
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FBC
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twenty-one new taxes. twenty-one new taxes that will amount to $675 billion. this is getting expensive. among the most controversial, 2.6% tax. another $43,000. house republicans voted last summer to repeal this that they had installed it in th senate. senator orrihatch renew the effort today. he introduced a bipartisan amendment with nine democratic cosponsors to roll back that medical vice attacks. so what about presidentspromised to cut health care insurance premiums? $2500 per family. one study commission that obamacare will increase the cost of a family plan by $7200. do any of you remember the original statement by the president and his team? this is a plus. but it would cut it by $2500. in government terms, it is a $10,000 swin. so how do the officials feel about those rising premiums? well, here you are. >> why have the rates risen,and will be they rise furer? >> i think that what we are seeing is pretty good news. i used to watch this day in and day out. we have seen far feral or increases in the last few years than in the previous decade. >> i donot
twenty-one new taxes. twenty-one new taxes that will amount to $675 billion. this is getting expensive. among the most controversial, 2.6% tax. another $43,000. house republicans voted last summer to repeal this that they had installed it in th senate. senator orrihatch renew the effort today. he introduced a bipartisan amendment with nine democratic cosponsors to roll back that medical vice attacks. so what about presidentspromised to cut health care insurance premiums? $2500 per family. one...
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Mar 24, 2013
03/13
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FBC
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tax reform would help, but i assure you, charles, apple is not afraid of repatriating its cash, but it's investing extremely in new equipment. >> neil: do you notice since he wrote that book, don't make fun of apple. like don't step on my parade. (laughter) charlie and dagen, i want to thank you. up next, do you think it's too late to get in on the green in the market? and the stocks that charles and adam are buying with their own money on the line and they [ lisa ] my name's lisa, and chantix helped me quit. i honestly loved smoki, and i honestly didn't think i would ever quit. [ male announcer ] along with support, chantix (varenicline) is proven to help people quit smoking. it reduces the urge to smoke. it put me at ease that you could smoke on the first week. [ male announcer ] some people had changes in behavior, thinking or mood, hostility, agitation, depresd mood and suicidal thoughts or actions while taking or after stopping chanti if you notice any of these stop taking chantix and call your doctor right away. tell your doctor about any history of depression or otr mental health
tax reform would help, but i assure you, charles, apple is not afraid of repatriating its cash, but it's investing extremely in new equipment. >> neil: do you notice since he wrote that book, don't make fun of apple. like don't step on my parade. (laughter) charlie and dagen, i want to thank you. up next, do you think it's too late to get in on the green in the market? and the stocks that charles and adam are buying with their own money on the line and they [ lisa ] my name's lisa, and...
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Mar 19, 2013
03/13
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it back and pay the taxes. that's an enormous issue for apple that's close to 70% of its cash overseas and it's not an easy answer for that today. and it could be $170 billion by the end of this year says the financial times this morning and what does it mean for the sector moving forward? so far it's disappointed many, many people. >> i guess the question is how do they put that cash to use? many of us would like to see greater buybacks and greater dividends and could there be more m and a coming which would be positive for the market. in the interim, stronger dividends and stronger buybacks is something that should help at least on the margin. >> let's just say, will, ceo tim cook picks up the phone and gives you a call and says hey, will, what do you think we should do with our cash? what would you tell him? >> i think they should increase the dividend moderately. they're generating $40 billion a year in free cash flow and that could be a 15 billion number and maybe even a $20 billion annual dividend. >> let
it back and pay the taxes. that's an enormous issue for apple that's close to 70% of its cash overseas and it's not an easy answer for that today. and it could be $170 billion by the end of this year says the financial times this morning and what does it mean for the sector moving forward? so far it's disappointed many, many people. >> i guess the question is how do they put that cash to use? many of us would like to see greater buybacks and greater dividends and could there be more m and...
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Mar 23, 2013
03/13
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, you are paying thi tax. this is just another thing for the little guy who's trying to get by. >> would make a fference if someone shot on amazon? two you you're getting away with something by getting it online. you tax the things you want to discourage. at a time when the economy is struggling? >> i agree 100% with you. there is no creativity at all. >> i like the show even more all the time. [laughter] neil: thank you, guys. thank you very much. in the meantime, what is jimmy fallon getting that has a guy named mtch saying my goodness alec, for this mission i uraded your smart phone. ♪ right. but the most important feature of all is... the capital one purchase eraser. i can redeem the double miles i earned with my venture card to erase recent travel purchases. d with a few clicks, this mission never happened. uh, what's this button do? [ electricity zaps ] ♪ you requested backup? yes. yes i did. what's in your wallet? ♪ [ male announcer ] how do you engineer a true automotive breakthrough? ♪ you giv
, you are paying thi tax. this is just another thing for the little guy who's trying to get by. >> would make a fference if someone shot on amazon? two you you're getting away with something by getting it online. you tax the things you want to discourage. at a time when the economy is struggling? >> i agree 100% with you. there is no creativity at all. >> i like the show even more all the time. [laughter] neil: thank you, guys. thank you very much. in the meantime, what is...
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Mar 23, 2013
03/13
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FBC
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eye 47
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, you are paying this tax. this is just another thing for the little guy who's trying to get by. >> would make a difference if someone shot on amazon? two you you're getting away with something by getting it online. you tax the things you want to discourage. at a time when the economy is struggling? >> i agree 100% with you. there is no creativity at all. >> i like the show even more all the time. [laughter] neil: thank you, guys. thank you very much. in the meantime, what is jimmy fallon getting that has a guy named mitch saying my goodness my mother made the best toffee in the world. it's delicious. so now we've turned her toffee into a business. my goal was to take idea and ke it happen. i'm janet long and i formed my toffee company through legalzoom. never really thought i would make money doing what i love. [ robert ] we created legalzoom to help people start their business and launch their dreams. go to legalzoom.com today and make your business dream a reality. at legalom.com we put the law on your side.
, you are paying this tax. this is just another thing for the little guy who's trying to get by. >> would make a difference if someone shot on amazon? two you you're getting away with something by getting it online. you tax the things you want to discourage. at a time when the economy is struggling? >> i agree 100% with you. there is no creativity at all. >> i like the show even more all the time. [laughter] neil: thank you, guys. thank you very much. in the meantime, what is...
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Mar 24, 2013
03/13
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, you are paying this tax. this is just another thing for the little guy who's trying to get by. >> would make a difference if someone shot on amazon? two you you're getting away with something by getting it online. you tax the things you want to discourage. at a time when the economy is struggling? >> i agree 100% with you. there is no creativity at all. >> i like the show even more all the time. [laughter] neil: thank you, guys. thank you very much. in the meantime, what is jimmy fallon getting that has a guy named mitch saying my goodness look, if you have copd like me, you know it can be hard to breathe, and how that feels. copd includes chronic bronchitis and emphysema. spiriva helps control my copd symptoms by keeping my airways openor 24 hours. plus, it reduces copd flare-ups. spiriva is the only once-daily inhaled copd maintenance treatment that does both. spiriva handihaler tiotropium bromide inhalation powder does not replace fast-acting inhalers for sudden symptoms. tell your doctor if you have kidne
, you are paying this tax. this is just another thing for the little guy who's trying to get by. >> would make a difference if someone shot on amazon? two you you're getting away with something by getting it online. you tax the things you want to discourage. at a time when the economy is struggling? >> i agree 100% with you. there is no creativity at all. >> i like the show even more all the time. [laughter] neil: thank you, guys. thank you very much. in the meantime, what is...
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Mar 18, 2013
03/13
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the liquor industry pays $6 billion per year federal taxes. the sex industry could do the same thing. there will still come. the bunny ranch is world famous. when you have a television show that has been on 11 years on hbo you get pretty famous. gerri: welcome back to "the willis report" live from atlantic city. we are talking the business of vice today. if you are looking to put your hand in gaming stocks in the we have you covered for some of the hottest picks out there. managing director joins me now. thank you for being with us. you're one of the smartest mines read comes to investing in the stocks. i want to start here with atlantic city produce say it is hard to play. >> if you look from a public equity standpoint there is very little exposure. the earnings from caesars, the it's an earnings. otherwise the main gaming companies just don't have a lot of investment, so it is not release an earnings driver for them. gerri: so let's talk about vegas because i think you find that an easier way to get into the marketplace. vegas is still suffe
the liquor industry pays $6 billion per year federal taxes. the sex industry could do the same thing. there will still come. the bunny ranch is world famous. when you have a television show that has been on 11 years on hbo you get pretty famous. gerri: welcome back to "the willis report" live from atlantic city. we are talking the business of vice today. if you are looking to put your hand in gaming stocks in the we have you covered for some of the hottest picks out there. managing...
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Mar 25, 2013
03/13
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you are not including the up costs of them paying taxes and inventing things and starting google. >> here we are with libertarians and the focal point of libertarianism is small government. count me in but check your thinking. the fact is the overwhelming majority of 12 million illegal aliens are poorly skilled. >> how many of you are not in the united states? quite a few. how many would like to come here and become citizens some day? fewer. just a couple actually. you want to keep them out. >> we all succeed when immigrants succeed. we have b-- here's what we need to do. do we want skilled immigration? you bet we do. what we need is less immigration and the immigration we do have should be skilled immigration. >> less than 1 and a half million is just half of a percent. >> should be the kwifl lent of the city of dallas. year after year after year. if you had more enforcement which is completely nonexistent. >> residents don't want to do a lot of those jobs. >> they allow me to go to work every single day. because -- >> on that note we are out of time. coming up drinking and drugs. b
you are not including the up costs of them paying taxes and inventing things and starting google. >> here we are with libertarians and the focal point of libertarianism is small government. count me in but check your thinking. the fact is the overwhelming majority of 12 million illegal aliens are poorly skilled. >> how many of you are not in the united states? quite a few. how many would like to come here and become citizens some day? fewer. just a couple actually. you want to keep...
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Mar 24, 2013
03/13
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tax reform would help, but i assure you, charles, apple is not afraid of repatriating its cash, but it's investing extremely in new equipment. >> neil: do you notice since he wrote that book, don't make fun of apple. like don't step on my parade. (laughter) charlie and dagen, i want to thank you. up next, do you think it's too late to get in on the green in the market? and the stockshat charles and adam are buying with their own money on the line and they say you should, too.
tax reform would help, but i assure you, charles, apple is not afraid of repatriating its cash, but it's investing extremely in new equipment. >> neil: do you notice since he wrote that book, don't make fun of apple. like don't step on my parade. (laughter) charlie and dagen, i want to thank you. up next, do you think it's too late to get in on the green in the market? and the stockshat charles and adam are buying with their own money on the line and they say you should, too.
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Mar 20, 2013
03/13
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this is just a new tax law. a court ruling that overturned this tax credit in the law, but instead of moving forward now with that new law in place, california state government decides to go back to try to reach the taxes from business owners who had no idea they had this liabilitiy, that is a first problem. the second problem, is this the new trend in state taxes? will we start seeing the cash strapped states pick up on this. and they will weed taxpayers in the fiscal year but from before as well. neil: craig, this is a concern. if others get a cue from this watch out. >> california is a trendsetter. as a small business owner, my other friends who are small business owners we've been hit with 5 to over 100,000-dollars in fourth quarter of last year in retro active tax, that is job, and investment money and a downer on christmas. now a new one that bureaucrats at franchise tax board are making a decision, it is politicians that are out of control, california is worst with highest tax state, the highest sales tax
this is just a new tax law. a court ruling that overturned this tax credit in the law, but instead of moving forward now with that new law in place, california state government decides to go back to try to reach the taxes from business owners who had no idea they had this liabilitiy, that is a first problem. the second problem, is this the new trend in state taxes? will we start seeing the cash strapped states pick up on this. and they will weed taxpayers in the fiscal year but from before as...
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Mar 18, 2013
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-- imposing taxes. in illinois requiring the strip club operators to impose a $3 charge for their customers the tax is expected to raise a million dollars annually. texas has also got eight vice tax. it is a little different. a little bigger deal in texas. $5. they are getting just about ten times as much revenue as a state of illinois. nevada, the only state in the country to allow any form of prostitution to illegally. it does not collect the tax. but if it did it will reportedly earn nearly $150 million for the state in nevada. regardless of whether not you think the taxes are good or bad public policy, there is no denying that device is generating an enormous amount of what government seems to like most, revenue. the nra proposal to keep our kids safe in school is still the best solution. the "a-team" on where are the other lears. the billionaire mayor wants to ban guns. styrofoam cups, smoking. but he won't ban pot holes and poverty. why not? damaging testimony today in the case of two ohio hig
-- imposing taxes. in illinois requiring the strip club operators to impose a $3 charge for their customers the tax is expected to raise a million dollars annually. texas has also got eight vice tax. it is a little different. a little bigger deal in texas. $5. they are getting just about ten times as much revenue as a state of illinois. nevada, the only state in the country to allow any form of prostitution to illegally. it does not collect the tax. but if it did it will reportedly earn nearly...
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Mar 26, 2013
03/13
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. >> and we'll get michigan later and i'm just thinking are they payroll tax cut explorations because the home values appear to be going up. upon why are they so worried? >> think we just went through the debate around the sequestration although it went into effect and we haven't seen the real impact of it yet and that still hangs out there now and there's some concern in consumers as to the issues that are out there. it's not that much of a surprise that there's some concern, but you look at the rest of the economic backdrop and it remains pretty positive. job growth is up and consumer spending continues to be positive so i would rather see what they're doing than what they're saying. >> that's always what we say when the confidence numbers come out. michelle, you went into the year relatively cautious as i recall. you upped your targets on gdp for the first half. >> we have. how would you describe your mindset right now. has cautious not worked as a strategy? >> i think cautious is still probable the right approach. we revised q-1 gdp to 1% on the back of better retail sales numbers
. >> and we'll get michigan later and i'm just thinking are they payroll tax cut explorations because the home values appear to be going up. upon why are they so worried? >> think we just went through the debate around the sequestration although it went into effect and we haven't seen the real impact of it yet and that still hangs out there now and there's some concern in consumers as to the issues that are out there. it's not that much of a surprise that there's some concern, but...
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Mar 19, 2013
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, local taxes, or federal taxes. california says they miss about $6.5 billion a year in tax revenue because of the underground economy. you multiply that out, that's a lot of money. adds up to more than they sequester. >> shepard: a large part of that is the failed drug war. but the drug war -- the reason it existed now, frankly, is that there's such an enormous economy around the failed drug war, that all the people who work in this failed industry, if you closed the failed drug war industry, you'd have hundreds of thousands of people without jobs. reporter: i suppose. or do the opposite which is make marijuana legal and maybe try to tax it. >> shepard: and regulate it. reporter: i think that illegal activity is a constant and what is new is work that is actually legal, it's just not -- off the books and the income is not being reported. >> shepard: changing world. >> it is. >> shepard: this dire situation in syria got more complicated, at least for today. coming up more on the reported use of chemical weapons. now,
, local taxes, or federal taxes. california says they miss about $6.5 billion a year in tax revenue because of the underground economy. you multiply that out, that's a lot of money. adds up to more than they sequester. >> shepard: a large part of that is the failed drug war. but the drug war -- the reason it existed now, frankly, is that there's such an enormous economy around the failed drug war, that all the people who work in this failed industry, if you closed the failed drug war...
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Mar 19, 2013
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you know, there are the taxes on assets, tax that are on insurance companies that are getting passed to consumer and you know maybe down the line there will be questionable taxes on savings accounts. you never know what the united states will do. neil: all i know, they are a heck of a lot more ways to be create testify get money than spending, very good points thank you, mike rigs in washington. >> to mike a point, the problem with small nation going after its citizens bank deposits, other bigger nations see how it goes, and markets world over fear all far it goes, which could explain why so many markets were tajin oing tankings thing. joe perry. and -- joe, what do you think? >> i think it is jjst as you said, this has been going on, for a while. and the bigger government gets, the more intrusive it gets it has been in your pockets, my pockets, my banks pockets by depositors pockets, large and small. what is happening now, like a story we use in banking called boiling a frog, you want to bl a frog, if you put him in boiling water he will jump o and complaint, this is what is happeni
you know, there are the taxes on assets, tax that are on insurance companies that are getting passed to consumer and you know maybe down the line there will be questionable taxes on savings accounts. you never know what the united states will do. neil: all i know, they are a heck of a lot more ways to be create testify get money than spending, very good points thank you, mike rigs in washington. >> to mike a point, the problem with small nation going after its citizens bank deposits,...
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Mar 21, 2013
03/13
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what he did was cut taxes on working people, 90 percent of the public did not pay any taxes. the 2% the did. lou: to drop their rates from 15, under 1 percent as a percentage of the revenue income revenue. 1924, immigration act. people don't realize he did a lot to bring out what we refer to now has diversity. he waseaching out to immigrants from all quarters, minority groups of all kinds. >> he also signed in at the main gate of american citizens. they could vote. way ahead on civil rights, proposing federal anti lynching loss. he spoke out to irish groups, jewish groups while at the same time that that evidence should be made american which is something that is clearly missing from our immigration debate. lou: the idea of going from melting pot to a cultural selig we never quite bring everybody together. that's like to ba very big issue. let me get your thoughts. are we going to see comprehensive immigration reform? >> i think not. when people see the price tag, the need to understa that -- well, coolidge understood. i'm engaged to marry an immigrant. nothing against immigr
what he did was cut taxes on working people, 90 percent of the public did not pay any taxes. the 2% the did. lou: to drop their rates from 15, under 1 percent as a percentage of the revenue income revenue. 1924, immigration act. people don't realize he did a lot to bring out what we refer to now has diversity. he waseaching out to immigrants from all quarters, minority groups of all kinds. >> he also signed in at the main gate of american citizens. they could vote. way ahead on civil...
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Mar 24, 2013
03/13
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no sense that we can reform the tax system and entitlements. perform defense and have a rational rational and reasonable defense. >> why in the world is the president of the united states not moving forward with a budget that would be a blueprint to resolving those proposals? >> the words that seem to be operative here are cowardice or opportunism. it has to be one of the two. >> to do the wrong thing continually is not the act of a coward. lou: are you saying that the president is incapable of doing the right thing? >> i'm comparing how talented this man is. >> why doesn't he apply that? >> you know, that turns out to be laughable. the odds are empirically before him. you know, that is just unreasonable. >> there is another word we are leaving out, which is ideology. the republicans are rightly not going to agree with that. >> i think that when the senate passes a bill, you hammer things out. the one you want regular order. >> that is right. lou: all right, my goodness. i do want you to chat with me about the balanced budget. he does it in fiv
no sense that we can reform the tax system and entitlements. perform defense and have a rational rational and reasonable defense. >> why in the world is the president of the united states not moving forward with a budget that would be a blueprint to resolving those proposals? >> the words that seem to be operative here are cowardice or opportunism. it has to be one of the two. >> to do the wrong thing continually is not the act of a coward. lou: are you saying that the...
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Mar 21, 2013
03/13
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there's no income tax, no estate tax, but a lot of peep don't like the heat. i'm just saying, you know, maybe people are looking at this wilbur saying there's a lot of high tax states. california ione of them. new york is one of them. tristate, new york city, new jersey, connecticut area, all high tax states. where do we go? that's what pliticians count on. >> my guess is he'll be in the sense to bring in more tax than he will lose. i don't think you're going to have vast outbound migration, but i think the question is, did you break safe with the business community when you promise them the temporary tax, people sported it. i don't know very few people in the business community opposed it the first time because we thought, well, he's doing a good job. he's trying to fix it a lot of things in the state budget. if he needs the temporary cover, give it to him, but now to extend it, that reminds me that federal income tax was supposed to be a temporary tax to pay for world world war i, limited to pay for world war i. neil: you're right. stayed on, didn't it? >> t
there's no income tax, no estate tax, but a lot of peep don't like the heat. i'm just saying, you know, maybe people are looking at this wilbur saying there's a lot of high tax states. california ione of them. new york is one of them. tristate, new york city, new jersey, connecticut area, all high tax states. where do we go? that's what pliticians count on. >> my guess is he'll be in the sense to bring in more tax than he will lose. i don't think you're going to have vast outbound...
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Mar 19, 2013
03/13
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low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. ♪ cheryl: power mover of the hour is starting 20 medical 13 off on the wrong foot. dsw, shares down actually 7% now, $4.50. retailer expected fourth quarter earnings and can want give a confident estimate on the full mere. this is a big problem. this is a columbus, ohio based company. i can't talk today. they are saying sales in the first week of 20 # 13, the year to date chart shows the story, and the pressure on the chart, a stock to watch, and, also, charles payne and i share our favorite stock, crocs, and they open a lot of stores. charles, i'm curious what you think. going to nicole at the new york stock exchange, the dow just turning positive, like magic, nicole. >> that's righ
low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. ♪ cheryl: power mover of the hour is starting 20 medical 13 off on the wrong foot. dsw, shares down actually 7% now, $4.50. retailer expected fourth quarter...
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Mar 19, 2013
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you tonight, wall street shrugging off a botched european union bailout of banks and an unprecedented tax on the deposits in cyprus, a tiny nation of 1.1 million people that will cost investors hundreds of billions of dollars in market capitalization. the dow jones industrial average down more than 100 points earlier but rebounded losing a modest 62 points. the s&p fell nine, the nasdaq down 11 and a half. the market off of the lows of the day. officials revising the imprudent and unreasonable plan to seize money from bank depositors to pay for the eu bailout. much damage has been done and some investors are so shaken, they will take their money out of the banks at their first opportunity, which is now thursday morning. international monetary fund and central bank are embarrassed, which doesn't solve the insolvency problem. negotiators around 150 nations from new york city trying to negotiate a binding treaty that would end unregulated arms sales. the arms trade treaty president obama now says he supports. thnational rifle association promises to strongly oppose that treaty saying it will
you tonight, wall street shrugging off a botched european union bailout of banks and an unprecedented tax on the deposits in cyprus, a tiny nation of 1.1 million people that will cost investors hundreds of billions of dollars in market capitalization. the dow jones industrial average down more than 100 points earlier but rebounded losing a modest 62 points. the s&p fell nine, the nasdaq down 11 and a half. the market off of the lows of the day. officials revising the imprudent and...
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Mar 22, 2013
03/13
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it's a tax break. you should use it for what i call nonessential services. if you're not sick, figure out in advance, what can i use it for? >> neil: prescription -- >> prescription, trips to the doctor when you're not sick. when you're going into the hospital you want your health insurance to kick in. if not, you can use our flex spending account. >> neil: a lot of is just common sense, talking to your doctor. >> you'd be surprised how many people don't. ask your doctor, are you going to take obamacare insurance? medicare and medicaid? half the doctors in the country are not taking medicaid. >> i notice a lot of your colleagues are not dealing with insurance, give you the bill and pay in cash. and. >> you can have a negotiation before you could in. doc, your bill says $400 but maybe you'll see me for 200. doctors love cash. >> neil: what if they cut back on the care? i've never done this with my doctor before. cheap skate, you're going to get half the quality. >> that's the wrong doctor. you don't want to -- >> neil: my doctor's name is -- bombastic. you sa
it's a tax break. you should use it for what i call nonessential services. if you're not sick, figure out in advance, what can i use it for? >> neil: prescription -- >> prescription, trips to the doctor when you're not sick. when you're going into the hospital you want your health insurance to kick in. if not, you can use our flex spending account. >> neil: a lot of is just common sense, talking to your doctor. >> you'd be surprised how many people don't. ask your...
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Mar 20, 2013
03/13
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low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. ♪ melissa: so we heard the "money" power panel. want to bring in somebody who knows a thing to about big business in this economy. the ceo of landreau stock company that includes the dining entertainment, gaming, and hospitality sectors. he is an industry titan, and he is here with me now. great to have you back on the show. you are reopening one of your restaurants. you are clearly expanding. you must have some confidence and was going on. >> we continne to grow. gaming, hospitality, restaurants . i do have confidence in our great american capitalism economy. at the same time, it is not backward was a few years ago. we live in a great economy. as you can see, restaurants are busy, h
low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. ♪ melissa: so we heard the "money" power panel. want to bring in somebody who knows a thing to about big business in this economy. the ceo of landreau...
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Mar 23, 2013
03/13
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, you are paying this tax. this is just another thing for the little guy who's trying to get by. >> would make a difference if someone shot on amazon? two you you're getting away with something by getting it online. you tax the things you want to discourage. at a time when the economy is struggling? >> i agree 100% with you. there is no creativity at all. >> i like the show even more all the time. [laughter] neil: thank you, guys. thank you very much. in the meantime, what is jimmy fallon getting that has a guy named mitch saying my goodness @ [ male announcer ] you are a business pro. omnipotent of opportunity. you know how to mix business... with business. and you...rent from national. because only national lets you choose any car in the aisle. and go. you can even take a full-size or above. and still pay the mid-size price. i could get used to this. [ male announcer ] yes, you could business pro. yes, you could. go national. go like a pro. given way to sleeping. tossing and turning have where sleepless nigh
, you are paying this tax. this is just another thing for the little guy who's trying to get by. >> would make a difference if someone shot on amazon? two you you're getting away with something by getting it online. you tax the things you want to discourage. at a time when the economy is struggling? >> i agree 100% with you. there is no creativity at all. >> i like the show even more all the time. [laughter] neil: thank you, guys. thank you very much. in the meantime, what is...
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Mar 26, 2013
03/13
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many states don't tax military pay and that will be sub to tax. so there is a downgrade in the income, if the income is the same because of taxes. and secondly, if you are separated from service because for something other than retirement, you don't have access to commissaries anymore. so you have to pay what the rest of us are used to paying for your everyday expenses. >> what can some servicemen and women currently serving do to prepare for when they become civilians financially? >> i had some great suggestions all thought up. but based on your earlier segment, i was thinking maybe developing mobile apps would be better. >> there you go. that will work. >> apps, you say. >> what are some of those tips that you can give us in. >> yes. i think when you enter into the military, if you're planning not to be a career military, in other words, not retiring from the military, you need to begin with ending your military service in mind. meaning that you need to be thinking about what kind of training do you need to gain while you're in the military. bec
many states don't tax military pay and that will be sub to tax. so there is a downgrade in the income, if the income is the same because of taxes. and secondly, if you are separated from service because for something other than retirement, you don't have access to commissaries anymore. so you have to pay what the rest of us are used to paying for your everyday expenses. >> what can some servicemen and women currently serving do to prepare for when they become civilians financially?...
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Mar 20, 2013
03/13
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they have tens of billions of tax losses they shld be able to write off and they claim that is paying us back. gerri: that is cheating. >> it absolutely is. the sad thing is, it is allowed under accounting rules as an asset, certainly other banks it is not simply, think it is horrible policy. gerri: is is our money at the end of the day. they should have to repay it, if i owed the government that much money, believe me, i would be forced to repay every single dime. i would be in jail. what is interesting is there are lot of attorney general's calling for him to leave offe. take a look at these names. the list goes on and on. there is a lot of anti-ed demarco effort out there. will they be successful? >> personally i find this kind of offensive. they put together a settlement that got more money for state governments that actually got foreclosed borrowers. many have been at the forefront of trying to stop the housing market from clearing, stop trying legitimate foreclosures and broad moratorium so this hasn't been about helping them leave. they have been on willingto let fannie and fre
they have tens of billions of tax losses they shld be able to write off and they claim that is paying us back. gerri: that is cheating. >> it absolutely is. the sad thing is, it is allowed under accounting rules as an asset, certainly other banks it is not simply, think it is horrible policy. gerri: is is our money at the end of the day. they should have to repay it, if i owed the government that much money, believe me, i would be forced to repay every single dime. i would be in jail....
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Mar 22, 2013
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some are calling it the jimmy fallon tax credit. >>> misch ole oh, was made to look like a queen wearing a tiara on british stamps. it's actually a new ad for britain's sunday times style magazine. >>> house democratic leader nancy pelosi blasted republican efforts to include entitlement reforms and any debt ceiling deal she says republicans want to eliminate medicare and privatise social security. >>> if the goal is to have them wither on the vine or reduced in a way that does not meet their purpose, then those are fighting words. >> fighting words. >>> and some very strong words on the floor of the house yesterday, thursday, rather, from minnesota republican congresswoman michelle bachmann about repealing the affordable care act. >> that's why we're here. because we're saying let's repeal this failure before it literally kills women, kills children, kills senior citizens. let's not do that. let's love people. let's care about people. >> and that's your morning's dish of scrambled politics. >>> and bill karins is here. let's love people, bill. do you have a good weather report for us? >
some are calling it the jimmy fallon tax credit. >>> misch ole oh, was made to look like a queen wearing a tiara on british stamps. it's actually a new ad for britain's sunday times style magazine. >>> house democratic leader nancy pelosi blasted republican efforts to include entitlement reforms and any debt ceiling deal she says republicans want to eliminate medicare and privatise social security. >>> if the goal is to have them wither on the vine or reduced in a way...
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Mar 26, 2013
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spending is out of control, just in time for tax season too. the irs made headlines, this time, getting blasted for a dwen training video parodying "star trek." look at this. >> there's money laundering, bribery, running rampant in the stre. sir, they are exchanging the lowest coin currency for paper bills. >> you don't mean -- >> that's right, sir, pennys on the dollar. gei: are they serious? 60,000 of your taxpayer dollars funded that video. this, of course, weeks after another government agency, this time, he usda had a video teaching college kids how to use a microwave. since the sequester, washington agentedded like a 2-year-old throwing temper tantrums making big spectacle cuts. looking like stopping t federal government from spending money is harder than keeping the snow from falling. cut out the spending on junk. that's my two cents more. that's all for tonight's "wig z report," and thankyou for watching. if you can't catch us live, don't forget to dvr the show. have a great night. ♪ lou: the tie any island nation of cypress is safe f
spending is out of control, just in time for tax season too. the irs made headlines, this time, getting blasted for a dwen training video parodying "star trek." look at this. >> there's money laundering, bribery, running rampant in the stre. sir, they are exchanging the lowest coin currency for paper bills. >> you don't mean -- >> that's right, sir, pennys on the dollar. gei: are they serious? 60,000 of your taxpayer dollars funded that video. this, of course, weeks...
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Mar 18, 2013
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